A Travel Price Comparison for Families, Couples, and Backpackers Malmo vs. Panama City for Vacations, Tours, and Honeymoons

Should you visit Malmo or Panama City?

Which is cheaper to visit? Which is more expensive for vacation?

If you're trying to decide where to visit between Malmo or Panama City, this travel comparison, which includes costs, can help. The overall cost of travel is usually a consideration when deciding where to go next, and the cost comparison down below can help you decide based on the average prices from other travelers along with your own travel budget.

Where Should I go: Malmo or Panama City?

Malmo

Located on the southern tip of Sweden, in the province of Skane, Malmo is Sweden's third largest city. It has a very international population with about a third of the residents being from countries other than Sweden. This diversity is evident within Malmo, which is rich in culture, interesting food, and an array of entertainment options. Historically, Malmo was an industrial city with a ship building company, Kockums being the area's largest employer. Today, however, the city is much more economicaly diverse with many eco friendly neighborhoods and plenty of suburban style housing.

Panama City

Panama City is the cosmopolitan capital city of the country of Panama. With a population of almost 900,000 and almost 1.5 million in the metropolitan area, it's a very diverse city with expat residents from all over the world. You don't have to search far to find someone who speaks English, and many Panamanians are quite helpful and friendly.

For some great organized tour ideas, see The Best 2-Week Tours from Stockholm, The Best Family-Friendly Tours to Sweden, The Best One-Week (7-Day) Tours from Panama City, and The Best 2-Week Tours from Panama City.


Which place is cheaper, Panama City or Malmo?

These are the overall average travel costs for the two destinations. These travel costs come from the actual spending of real travelers.

The average daily cost (per person) in Malmo is $115, while the average daily cost in Panama City is $101. These costs include accommodation (assuming double occupancy, so the traveler is sharing the room), food, transportation, and entertainment. While every person is different, these costs are an average of past travelers in each destination. What follows is a categorical breakdown of travel costs for Malmo and Panama City in more detail.



Accommodation
  • Accommodation Hotel or hostel for one person
    Malmo $55
    Panama City $35
  • Accommodation Typical double-occupancy room
    Malmo $110
    Panama City $70
Compare Hotels in Malmo and Panama City

Looking for a hotel in Malmo or Panama City? Prices vary by location, date, season, and the level of luxury. See below for options and compare which is best for your budget and travel style.

Hotels in Malmo


Hotels in Panama City


Kayak helps you find the best prices for hotels, flights, and rental cars for destinations around the world. Compare prices for multiple destinations when planning your next trip.


Our Analysis
We've analyzed the average and typical hotel prices based on guest reviews, star ratings, and hotel amenities here: Malmo Hotel Prices and Panama City Hotel Prices.

Local Transportation
  • Local Transportation Taxis, local buses, subway, etc.
    Malmo $9.11
    Panama City $11
Typical Local Transportation Prices in Malmo

Below are a few samples from actual travelers for transportation costs in Malmo:


  • Malmö Bus Card
    $21

Hired Cars and Shuttles in Malmo

Also for Malmo, here are a few examples of actual transportation services:

  • Private Direct Transfer From Malmo to Copenhagen: $168
  • Malmo Airport (MMX) to Malmo City - Round-Trip Private Transfer: $137
  • Malmo Private Transfer from Malmo airport to Central Malmo : $106
  • Malmo Airport (MMX) to Malmo City - Arrival Private Transfer: $69
  • Malmo City to Malmo Airport (MMX) - Departure Private Transfer: $69
  • Malmo Private Transfer from Central Malmo to Malmo Airport: $58

Hired Cars and Shuttles in Panama City

Also for Panama City, here are a few examples of actual transportation services:

  • Travel in Comfort Airport Transfer Pty : $12
  • Transfers from PTY Airport to Playa Bonita or Gamboa and Back: $20
  • Transfers from Airport to Panama City: $40
  • Transfer from Tocumen Airport to hotels in Gamboa or Viceversa: $30
  • Transfer from Tocumen Airport to Panama City Hotels : $25
  • Transfer from Tocumen Airport to Colon Cruise Port: $160
  • Transfer from Playa Bonita or Gamboa to PTY Airport: $35
  • Transfer from Panama City Hotel to Tocumen Airport: $23
  • Transfer from Panama Airport to Colon Cruise Terminal: $110
  • Transfer from PTY/Panama City to Cruise Terminal or to the Marina: $32
  • Transfer Tocumen International Airport - Playa Blanca, Rio Hato, Buena Ventura: $75
  • Transfer Panama City to Amador Cruise Port : $30

Is it cheaper to fly into Malmo or Panama City?

Prices for flights to both Panama City and Malmo change regularly based on dates and travel demand. We suggest you find the best prices for your next trip on Kayak, because you can compare the cost of flights across multiple airlines for your prefered dates.





Food
  • Food Meals for one day
    Malmo $51
    Panama City $36

Food Tours and Cooking Classes in Malmo

For Malmo, here are some samples of tours and activities related to meals and dining experiences:

  • Self-guided Food Tour in Malmö: $72

Typical Food Prices in Panama City

Here are some examples of typical meal expenses from previous travelers to Panama City:


  • Sandwich
    $8.24

Food Tours and Cooking Classes in Panama City

For Panama City, here are some samples of tours and activities related to meals and dining experiences:

  • Panamanian Dinner and Folkloric Show Ticket with Pickup: $60
  • Panama Evening Food Tour: $60
  • Panama City FOOD Tour: $65
  • E-Tickets Emotions Dinner Theater Live Show Admission: $75
  • Afro-Panamanian Cooking Class with Meal: $75
  • Street Food Tour with 24 Tastings: $75
  • Cooking Class in Panama City with 10 Recipes & Bottomless Drinks: $95
  • 4-Hour Guided Panamanian Cooking Class and Markets Experience: $95
  • Panama: 10-Recipe Boozy Panamanian Cooking Class + Dinner: $95
  • Folkloric Dance & Typical Dinner at Sabroso Panamá: $110
  • The Real Panamanian Private Food Tour through Panama City: $205
  • Street Food Tour in Panama with a Local Guide: $263

Entertainment
  • Entertainment Entrance tickets, shows, etc.
    Malmo $18
    Panama City $66

Tours and Activities in Malmo

For Malmo, here are a few prices for actual activities, tours, and tickets provided by various companies:

  • Canal Sightseeing Boat Tour of Malmö: $25
  • Copenhagen and Hamlet Tour: $144
  • Guided Walking Tour in Malmö: $39
  • Half Day Self-Guided Audio Walking Tour in Cosmopolitan Malmö: $16
  • Half Day Walking Tour in Lund City and University: $38
  • Lund's Medieval and Modern History: A Self-Guided Audio Tour: $9.99
  • Malmö Photography Tour: $67
  • Malmö Private Walking Tour with a Local: $56
  • Malmo Syndicate City Escape Game Self Guided Experience: $31
  • Malmo Walking Tour, 3 hours (small group): $73
  • Old Town Helsingborg: Exploration Game and Self-Guided Tour: $7.20
  • Self-guided audio tour in Lund: explore the story of the Locus Peccatorum murder: $8.63

Tours and Activities in Panama City

Also, here are some specific examples of entertainment, tickets, and activities for Panama City.

  • Gatun Lake Panamá Wildlife Adventure Guided Experience: $159
  • Horseback riding and Agri-Tour in Colon Private tour: $75
  • Panama City Tour and Panama Canal – Miraflores Locks Experience: $30
  • Panama Viejo and Casco Antiguo Tour: $115
  • Panama a quick and memorable tour: $68
  • San Blas Islands, 4-Island Tour All-Inclusive Welcome Cocktail: $149
  • #1 Walking Tour of Casco Viejo Panama with Lunch included : $70
  • “Bike Tour Casco Viejo and Panama City Discover the Essence: $40
  • “Panama at Your Rhythm: Private Tour with Canal, Old Town and More”: $67
  • "Bridge of the Americas Stand-Up Paddle Private 2 hours Tour " : $100
  • 1st Mysteries and FreeMasons Tour: $38
  • 2 Days 1 Night San Blas Adventure in Pamana: $260

Alcohol
  • Alcohol Drinks for one day
    Malmo $41
    Panama City $18


When comparing the travel costs between Malmo and Panama City, we can see that Malmo is more expensive. However, the two cities are actually relatively comparable in price, as the difference is somewhat minimal. Generally, this means that you could travel with generally the same travel style and level of luxury in each place. Even though Malmo is in Europe and Panama City is in Central America, both of these destinations have relatively similar prices of travel. Generally, the levels of luxury and expenses are the same for these cities even though they are geographically far apart.

If you're trying to decide if either of these two destinations are within your price range, also see Is Malmo Expensive? and Is Panama City Expensive?.


Which is Bigger, Malmo or Panama City?

Panama City has a larger population, and is about 56% larger than the population of Malmo. When comparing the sizes of Malmo and Panama City, keep in mind that a larger population does not always imply the destination has more attractions or better activities. So, always research the type of place that you want to visit along with the activities and attractions that interest you.